Electric vehicles – IEA

Electric car sales in 2023 were 3.5 million higher than in 2022, a 35% year-on-year increase. This is more than six times higher than in 2018, just 5 years earlier. In 2023, there were over 250 000 new registrations per week, which is more than the annual total in 2013, ten years earlier. Electric cars accounted for around 18% of all cars sold in 2023, up from 14% in 2022 and only 2% 5 years earlier, in 2018.

In the NZE Scenario, electric car sales reach around 65% of total car sales in 2030. To get on track with this scenario, electric car sales must increase by an average of 23% per year from 2024 to 2030. For comparison, electric car sales increased by almost 35% in 2023 compared to 2022.

Electrification is also happening in other vehicle segments, though in 2023 the electric sales share of buses and trucks was only around 3% and 1%, respectively.

For further data on historical and projected EV sales and stock, see the IEA Global EV Data Explorer.